Answer:
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Explanation:
Three friends decide that they each want to be able to buy a new boat in five years. Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. Keir invests $1,200 in a standard savers account with a simple interest rate of 4%. Omar invests $950 in a junior achievers account with a 6% annual compound interest rate. Who will have the most money to spend on a new boat at the end of the five years?
Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%.
Vanore:
I = p * r * t
= 1000 * 0.045 * 5
= $225
I = $225
After 5 years, Vanore will have $1000 + $225
= $1225
Keir invests $1,200 in a standard savers account with a simple interest rate of 4%
Keir:
I = p * r * t
= 1200 * 0.04 * 5
= 240
I = $240
After 5 years, Keir will have $1200 + $240
= $1,440
Omar invests $950 in a junior achievers account with a 6% annual compound interest rate.
Omar:
A = P (1 + r)^t
= 950(1 +0.06)^5
= 950(1.06)^5
= 950(1.3382)
= 1271.1
A = $1,271.1
After 5 years, Omar will have $1,271.1
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Answer:
He established the Reconstruction Finance Corporation (RFC) to make emergency loans to businesses in danger of default
Explanation:
The establishment of RFC helped to stabilize the economic a bit,at first the RFC lent money only to banks, railroads, and certain agricultural organizations, but the scope of its operations was later expanded, and it proved to be an effective tool for stabilizing business and industry. In July 1932, Hoover signed into law the Emergency Relief Construction Act, which allowed the RFC to lend $300 million to the states for relief programs and $1.5 billion for public works projects.
Settlers were attracted to the peace and harmony with the Indians and the colonies<span />
C. The Executive Office of the President
Answer:
In simple words, Sensory as well as motor nerves are indeed the two main forms of muscles. Sensory nerves transmit knowledge to the brain as well as spinal cord like touch, temperature, even pain. Motor nerves carry brain impulses back to the muscles, allowing them to contract spontaneously or compulsively.
The central nervous system of your body is made up of the brain and spinal cord. The brain serves as the human body operations centre and the spinal cord serves as a conduit for signals transmitted from the brain to the body as well as from the cytoplasm to the nucleus.
